Aldar Properties PJSC (ADX:ALDAR)
د.إ 5.74 0 (0%) Market Cap: 45.13 Bil Enterprise Value: 54.95 Bil PE Ratio: 10.34 PB Ratio: 1.39 GF Score: 74/100
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Q1 2021 Aldar Properties PJSC Earnings Call Transcript

May 10, 2021 / 11:30AM GMT
Release Date Price: د.إ3.57 (-0.83%)
Operator

(technical difficulty)

Best practice disclosure guidelines this quarter in our annual report, and we are the first real estate company in the GCC to do so. So just to conclude, our results certainly reflect that Aldar continues to be in excellent financial and operational shape and are positioned extremely well to benefit from what we believe will be a strong demand like growth as the U economy continues to open up post pandemic and to take advantage of the very strong management of the health file here and some of the very proactive reforms that the government is doing to increase foreign direct investment to increase population and to elongate the average stay of expatriates in this country, all for the benefit of the domestic economy.

And with that, I will open the floor to questions.

Questions & Answers

Operator

(Operator Instructions) Our first question comes from Taher Safieddine, JPMorgan.

Taher Safieddine
JPMorgan Chase & Co, Research Division - Analyst

Congrats on a good setup.

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